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Blockchain revolution comes to world of humanitarian aid

Published Mon, Feb 19, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

BLOCKCHAIN, the technology behind the cryptocurrency bitcoin, is taking root in a sector far from finance: the world of humanitarian aid.

By offering refugees a virtual identity, reassuring donors that their money is being well spent, or rushing funds where they are needed most, aid charities are experimenting with the technology in the hopes that it can improve their work.

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